Reported: Equifax Inc. EFX (Company)
Compiled by ScamMarketCap from public recordsHappened Sep 7, 2017United States
In September 2017 Equifax disclosed a breach that exposed personal data on about 147 million people, including 145.5 million Social Security numbers. The FTC said the company had failed to patch a critical vulnerability it was alerted to in March 2017. In 2020 the US Justice Department charged four members of China's military with the hack.
In July 2019 Equifax agreed to pay at least $575 million, and up to $700 million, to settle with the FTC, the Consumer Financial Protection Bureau and 50 US states and territories, including up to $425 million for consumers. It denied wrongdoing.
Payments began in December 2022. Documented out-of-pocket losses were repaid in full, but cash for time spent and the alternative payment of up to $125 were capped at $62 million in total and paid proportionally, so they were substantially reduced. Leftover funds went out as extra payments in November 2024.
This case file is compiled from public records and established reporting. Status as of the last update, Nov 1, 2026.
Case files summarize court records, regulator actions and established reporting.
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